Buckinghamshire Building Society has launched a 2-year Everyday buy-to-let fixed rate, along with repriced products across its Credit Revive and Credit Restore ranges.
The changes were designed to support brokers working with clients who have experienced previous credit issues or are rebuilding their credit profiles, while also broadening the society’s proposition for landlords looking for short-term fixed rate certainty.
The Everyday buy-to-let 2-year fixed rate is available at 5.49% up to 80% loan-to-value (LTV), with loan amounts from £50,000 to £500,000 and a product fee of £1,195.
The society has also repriced a number of its Credit Revive and Credit Restore products, with reductions of up to 0.40%.
These include the Credit Revive 2-year fixed rates, now available at 5.59% up to 70% LTV and 6.09% up to 85% LTV.
The Credit Restore range has also been updated, with the 2-year discounted rate now at 6.25% and the 3-year fixed rate now 6.39%, both available up to 70% LTV.
Claire Askham (pictured), head of mortgage sales at Buckinghamshire Building Society, said: “We know how important it is for brokers to have reliable options for clients who are on the road to financial recovery.
“By improving the pricing across Credit Revive and Credit Restore, we’re making it easier to support borrowers who don’t always fit the mould but have strong potential to sustain a mortgage.
“Our new fixed rate for Everyday buy-to-let also gives brokers more choice for landlords seeking short-term rate stability.
“We’re committed to refining our offering in areas that matter most to brokers and their clients.”
